Exactly. Inflation at 3% is a good thing, but it doesn't change the price increases of the past two years nor does it eliminate the danger of structural deflation leading to a lost decade.
We are going to be dealing with the distortions from the government's and the Fed's appalling incompetence for years to come.
Exactly. Inflation at 3% is a good thing, but it doesn't change the price increases of the past two years nor does it eliminate the danger of structural deflation leading to a lost decade.
We are going to be dealing with the distortions from the government's and the Fed's appalling incompetence for years to come.
Exactly. Inflation at 3% is a good thing, but it doesn't change the price increases of the past two years nor does it eliminate the danger of structural deflation leading to a lost decade.
We are going to be dealing with the distortions from the government's and the Fed's appalling incompetence for years to come.